What is ESG?
ESG stands for Environmental, Social and Governance. S&B USA's projects are designed for the environment and community and focus on resilience, longevity and climate consciousness. An ESG initiative provides the framework for continuous improvement by analyzing performance beyond financial data. This data often looks at three success-defining areas: impacts on the environment, society and governance. ESG applies to all projects and sits at the core of S&B USA's business strategy.
The environmental criteria focuses on the sourcing and consumption of energy and water, waste and material management, and the company’s impact on the living and built environment
Social criteria addresses the company’s relationship with people and society, our engagement with communities, diversity in all forms, health, well-being and safety and responsible labor practices
- Governance criteria accounts for the responsible, lawful and ethical business practices adopted by the company, our clients and stakeholders
ESG at S&B USA
Here at S&B USA, we strive to...
Create business values for partners and communities
Improve employee satisfaction
Enhance management insights and decision support
Increase efficiency, project quality and technology integration
Demonstrate market leadership
Build stakeholder trust
Meet financial regulations and government standards
ESG in Action
Creative and sustainable project finance
Project scaled for environmental stewardship
Caring for our people and communities
Ethical business practices
Delivery of projects that enhance and improve our environment
Funding and Building a Sustainable Future
Sustainability: Protecting and enhancing existence through economic, social, and environmental balance for us and for the generations to come
These building blocks shape our mission and values into measurable reports and guidance. This is where data is gathered, insights are discovered, information is synthesized and analyzed, and we work hard to meet and exceed goals set by ourselves and organizations larger than ourselves. We are investors in our own company, and by creating a stable foundation, we can thrive in all other aspects of our company and share the benefits with our community.
Foundations corresponds with our value of acting with integrity.
Environmental impact corresponds with our value of providing solutions.
People corresponds to our values of working safely and valuing people.
Community corresponds with our values of working safely and valuing people.
The expertise that S&B USA delivers every day in resilient infrastructure and electric vehicle charging demonstrates that the complex infrastructure, P3s and other alternative delivery projects align strongly with our ESG mission and Building Blocks of Sustainability. Please see below ‘ESG Focused Projects’ section for some notable highlights.
Sustainable offerings corresponds with our value of delivering return.
ESG Focused Projects
Beacon II and V*:
S&B USA acquired 49.5% stake in the Beacon project, marking it as the first solar asset in the US for Shikun & Binui. Beacon consists of two projects: Beacon II (59.6 MW) and Beacon V (48.2 MW), which adds up to a total of 108 MW in solar assets. Both sites interconnect and sell power to the Los Angeles Department of Water and Power under two Power Purchase Agreements.
Saticoy Energy Storage*:
S&B USA acquired a 49% stake in the Saticoy Energy Storage project in Ventura County, CA, which is one of the largest operational battery storage sites in the US. It is estimated to provide electricity for 80,000 residents and businesses. This project uses leading-edge technology to develop a zero-emission plant that helps reduce grid outages and provides power at peak times without harmful air, water and noise pollution.
S&B USA acquired 100% of the rights for the development of the 260 MW Brazoria West Solar. The site spans 1,100 acres and contains 598,872 PV modules, 270 central inverters and 7,098 single axis trackers. Since its completion, this project supplies clean and reliable energy to approximately 37,100 households in Texas.
*Renewable energy projects completed by S&B USA Energy, an affiliated company
The structure will be heated to accommodate the fish spawning in the water, which is an important environmental feature. Red River Valley alliance will be financing a range of flood risk mitigation and related infrastructure elements for the project which have all been regarded as eligible green expenditures. This project is both the first large-scale flood protection resiliency P3 and the first “green financing framework” for a P3 project in the US.